Mark Wilkinson Richards (also known as Mark Dickey), of Albuquerque, New Mexico, a stockbroker registered with Madison Avenue Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $220,000.00 in damages based upon allegations that Richards made omissions of material fact in connection with the sale of alternative investments when Richards was associated with Madison Avenues Securities LLC. FINRA Arbitration No. 19-01483 (February 11, 2020).
This is not the first time that Richards has been referenced in a customer initiated investment related dispute concerning Richards’ conduct in the securities industry. FINRA Public Disclosure shows that Richards was also referenced in a customer initiated investment related complaint filed on April 27, 2001, in which the customer requested $30,000.00 in damages based upon allegations that Richards engaged in unethical and misleading actions in the customer’s account during the time that Richards was associated with Intersecurities Inc. This complaint was denied by the securities broker dealer.
Richards has been associated with Madison Avenue Securities LLC as a stockbroker since July 24, 2006, and as an investment advisor representative since March 25, 2009.